NOT LISTED FOR SALE

5 Walcott St Maynard, MA 01754

Estimated Value: $590,000 - $644,010

4 Beds
2.5 Baths
1,948 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $551,000 $283 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,058/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Cooling Available
  • Level Lot

About This Home

As of October 2023

Invest with confidence in this fully renovated (in 2014 by prior owner) 2 unit multi-family, WITH de-lead certificates of compliance for both units. Highlights include: Off-street parking for both units, Still young and recently serviced FHA gas furnaces, Upgraded vinyl siding & windows, Plumbing, 200-amp service w/ separate electric meters, Modern kitchens with granite countertops, Elegant bathrooms, and Charming deck & staircases. Strategically located in the heart of downtown Maynard, this property offers convenience and proximity to all amenities. Both units rented at market rents with solid long term tenants with leases. Don't miss out on this opportunity to invest in a well-maintained & updated property, in a prime appreciating location, at a realistic valuation and cap-rate. SHOWINGS BEGIN AT OH 9/10 Noon to 2pm

Last Agent to Sell the Property

Ron Carpenito

Keller Williams Realty Listed on: 09/07/2023

Keller Williams Realty

Last Buyer's Agent

Sonia Rollins

EXIT Premier Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,381

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 8,756 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • Property has 1 Level
  • Washer

Kitchen

  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 5 Car Parking Spaces
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Bulkhead
  • Deck

Schools

  • Green Meadow Elementary School
  • Fowler Middle School
  • Maynard High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 200+ Amp Service

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,990
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:009.0 P:323.0,3634637

Community Details

Building Details

  • Insurance Expense $1,892
  • Water Sewer Expense $1,385
  • Operating Expense $10,559
  • Net Operating Income $37,321

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,381

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Transaction Broker: 2.5
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Varies Per Unit,Laminate,Hardwood,Pine, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Cathedral/Vaulted Ceilings,Lead Certification Available,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Lead Certification Available,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Living Area: 1948
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: G95022
  • LIST PRICE PER Sq Ft: 269.51
  • PRICE PER Sq Ft: 282.85
  • MAIN SO: B95066

Exterior Features

  • Exterior Features: Deck - Wood,Gutters,Storage Shed, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Unpaved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Forced Air,Gas,Unit Control), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1385

Lot Info

  • Parcel Number: M:009.0 P:323.0,3634637
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8756
  • Lot Size Units: Acres
  • PAGE: 32
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8381
  • Tax Book Number: 63841

Multi Family

  • Gross Income: 47880
  • Insurance Expense: 1892
  • Net Operating Income: 37321
  • Number Of Units Total: 2
  • Operating Expense: 10559
  • Total Actual Rent: 3990
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Maynard Hs
  • Elementary School: Green Meadow
  • Middle Or Junior School: Fowler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2011
Sold by
Dunn Michael A and Northern Mass Telephon
Bought by
Bank Of America Na
Current Estimated Value
$610,188

Purchase Details

Closed on
Aug 22, 1997
Sold by
Noonan Paul F and Noonan Allison C
Bought by
Dunn Michael A and Daley Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bank Of America Na $31,000 --
Dunn Michael A $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobus Dean R $268,000
Previous Owner Dunn Michael A $25,000
Previous Owner Dunn Michael A $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $551,000 +5.0% $283 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $525,000 +56.7% $270 / Sq Ft
06/30/2014 06/30/14 Sold $335,000 -4.3% $221 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $349,900 +379.3% $231 / Sq Ft
07/02/2012 07/02/12 Sold $73,000 -38.6% $47 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $118,800 -- $77 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,601 $482,400 $254,700 $227,700
2024 $8,407 $470,200 $242,500 $227,700
2023 $8,381 $441,800 $227,700 $214,100
2022 $8,456 $412,100 $198,000 $214,100
2021 $8,008 $397,400 $193,000 $204,400
2020 $8,101 $392,500 $188,100 $204,400
2019 $7,175 $341,000 $165,800 $175,200
2018 $6,471 $285,800 $145,500 $140,300
2017 $6,290 $285,800 $145,500 $140,300
2016 $6,073 $285,800 $145,500 $140,300
2015 $6,557 $293,900 $142,600 $151,300
2014 $4,516 $202,600 $136,100 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73157023

MLS Property Information Network (MLS PIN)

APN: MAYN-000009-000000-000323